Monero Tops 1-Day Volume of $214.50 Million (XMR)

Monero (XMR) traded 7.9% higher against the dollar during the 24-hour period ending at 9:00 AM ET on September 21st. Monero has a total market cap of $10.74 billion and approximately $214.50 million worth of Monero was traded on exchanges in the last 24 hours. Over the last seven days, Monero has traded 11.6% higher against the dollar. One Monero coin can now be purchased for $571.28 or 0.00670208 BTC on popular cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Arweave (AR) traded up 9.3% against the dollar and now trades at $4.71 or 0.00005522 BTC.
• Bitcoin (BTC) traded up 6.1% against the dollar and now trades at $85,238.74 or 1.00000000 BTC.
• Zcash (ZEC) traded 7.1% higher against the dollar and now trades at $1,544.87 or 0.01812399 BTC.
• Dogecoin (DOGE) traded 10.2% higher against the dollar and now trades at $0.0936 or 0.00000110 BTC.
• UNUS SED LEO (LEO) traded 0.1% higher against the dollar and now trades at $8.93 or 0.00010475 BTC.
• Bitcoin Cash (BCH) traded up 10.1% against the dollar and now trades at $270.91 or 0.00317824 BTC.
• Litecoin (LTC) traded up 9.5% against the dollar and now trades at $62.37 or 0.00073171 BTC.
• Ethereum Classic (ETC) traded up 6.7% against the dollar and now trades at $8.82 or 0.00010346 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Bitcoin SV (BSV) traded up 8.4% against the dollar and now trades at $18.11 or 0.00021249 BTC.

Monero Profile

Monero (XMR) is a proof-of-work (PoW) coin that uses the RandomX hashing algorithm. Its genesis date was April 18th, 2014. Monero’s total supply is 18,807,574 coins. Monero’s official website is www.getmonero.org. Monero’s official Twitter account is @monero and its Facebook page is accessible here. The Reddit community for Monero is https://reddit.com/r/monero and the currency’s Github account can be viewed here. The official message board for Monero is forum.getmonero.org.

According to CryptoCompare, “Monero (XMR) is a decentralized cryptocurrency created in April 2014 by a group of developers led by the pseudonymous developer “thankful_for_today”. It utilizes a combination of ring signatures, ring confidential transactions and stealth addresses to protect sender and receiver privacy, and employs a proof-of-work consensus algorithm to ensure the security of the network. XMR is used as a medium of exchange between individuals and organizations, allowing for fast and secure money transfers over the internet, and can be exchanged for other cryptocurrencies and fiat currencies. It is listed on a variety of cryptocurrency exchanges and is accepted by many merchants and services.”

Monero Coin Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Monero directly using US dollars. Investors seeking to acquire Monero should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Monero using one of the exchanges listed above.

XMR/USD price chart by TradingView